Saudi Arabia's PetroRabigh said on Monday it had awarded a construction contract for its Rabigh II expansion project to Italian oil service group Saipem.
PetroRabigh, a joint venture between Saudi Aramco and Japan's Sumito

Saudi Arabia's PetroRabigh said on Monday it had awarded a construction contract for its Rabigh II expansion project to Italian oil service group Saipem.
PetroRabigh, a joint venture between Saudi Aramco and Japan's Sumito

Italian oil contractor Saipem said on Wednesday it will ask investors for up to 3.5 billion euros ($3.86 billion) of fresh capital to help it weather the oil service recession and plot a path to recovery as main investor Eni takes a step back.

Kuwait has awarded a new KD475.32-million ($1.57 billion) contract for work on its planned Al-Zour oil refinery to a consortium made up of Italy's Saipem and another firm, state news agency Kuna reported on Wednesday.

Kuwait has awarded a new KD475.32-million ($1.57 billion) contract for work on its planned Al-Zour oil refinery to a consortium made up of Italy's Saipem and another firm, state news agency Kuna reported on Wednesday.